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AVTOVAZ REFUSED JOINT PRODUCTION TO GM
A&G Information Services, November, 2005
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A&G Information Services 11-07-2005 AVTOVAZ REFUSED JOINT PRODUCTION TO GM ST.PETERSBURG, RUSSIA, Nov 07, 2005 (A&G News via COMTEX) -- The board of directors of AvtoVAZ rejected a proposal of the concern General Motors on joint production of engines FAM-1 in Tolyatti. They decided that a second-hand German line for their production, which cost Euro 300 million, was of no need to them.
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The decision of the board of directors is another predictable step in becoming more and more intricate relations between the automobile plant in Tolyatti and the American concern. The ...
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